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Bosh officially re-signs with Heat

Bosh, who turned down a maximum deal from Houston to stay with Miami, agreed to terms on a reported five-year, $118 million deal on July 11, but made the signing official on Wednesday.

"Chris Bosh is a two-time NBA champion and one of the most versatile big men in the league," said Miami president Pat Riley. "His unique skillset makes him one of the best players in the game today.

"I've always felt he was committed to this organization, this staff and this city. I think he's going to have the opportunity of a lifetime leading this team next season and having the nine-time NBA All-Star back in the fold was a big key for us. We are very blessed to have him."

The 30-year-old forward joined the Heat in 2010 to play along side LeBron James and Dwyane Wade. The trio helped Miami win two titles and become the third franchise to make the NBA Finals in four consecutive seasons.

All three opted out of their contracts last month, leaving the future unclear for the franchise. James returned to his hometown team in Cleveland and Wade re-signed with the Heat to a two-year contract earlier this month.

Bosh, who was selected fourth overall by the Raptors in 2003, has averaged 17.3 points and 7.4 rebounds in four seasons with Miami after playing his first seven seasons for Toronto. He has averaged 14.9 points and 7.3 rebounds in 78 playoff games for Miami.